Likewise, clas rank (if your school does it, or otherwise a general knowledge of GPA distribution at your school by the colleges) will also make a differance: a 3.8 reads very differently to adcoms if it puts you in the top 5% of your class vs. the top 20%.
An employee's gross pay is the amount of his wages before any deductions, including taxes and benefits. Gross pay may be determined by the amount an employee works, as in hourly pay, or at a set rate, as in a weekly salary.
1 Review these terms with your students: â¢ Pay period: Set length of time (typically weekly, bi-weekly, or monthly) over. which employee time is recorded and paid. â¢ Gross pay: The amount people earn per pay period before any deductions or. taxes are taken out. â¢ Net pay: Gross pay minus deductions and taxes. â¢ Payroll deduction: The amounts subtracted from gross pay, which results in. your net pay.